General information

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Population

55K

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Online population

46.1K

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Currency

DKK


Market overview


Population - 55K

[At the start](https://datareportal.com/reports/digital-2024-greenland#:~:text=Population of Greenland in 2024,of the population is male.) of 2024, 88% of Greenland’s population lived in urban centres, while 12% lived in rural areas.

Internet penetration - 81.3%

There [were](https://datareportal.com/reports/digital-2024-greenland#:~:text=Population of Greenland in 2024,of the population is male.) 46.1K internet users in Greenland in January 2024.


FinTech Outlook: Trends, Insight & Technology


The FinTech landscape in Greenland is relatively underdeveloped, as the broader Nordic region often encompasses Greenland within its analyses.


Banks


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The Bank of Greenland (Grønlandsbanken), has become the newest client of AQRISK. This collaboration signifies an advancement in The Bank of Greenland's ongoing efforts to enhance its banking optimization and pricing strategies through the adoption of innovative technology.

As Greenland's primary financial institution, The Bank of Greenland promotes financial inclusion, ensuring even the most remote communities have access to banking services. It offers tailored products for both personal and corporate needs, enhancing the financial system's inclusivity.


Digital banks


There is no local digital banks in Greenland